Mercer Global Advisors Inc. ADV acquired a new stake in Tompkins Financial Co. (NYSEAMERICAN:TMP - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 4,916 shares of the financial services provider's stock, valued at approximately $333,000.
Several other institutional investors and hedge funds have also modified their holdings of TMP. Wilmington Savings Fund Society FSB acquired a new position in Tompkins Financial during the 4th quarter worth approximately $27,000. Sterling Capital Management LLC raised its stake in shares of Tompkins Financial by 784.8% during the 4th quarter. Sterling Capital Management LLC now owns 407 shares of the financial services provider's stock worth $28,000 after purchasing an additional 361 shares in the last quarter. Aquatic Capital Management LLC bought a new stake in shares of Tompkins Financial during the 4th quarter worth approximately $49,000. Russell Investments Group Ltd. raised its stake in shares of Tompkins Financial by 21,563.6% during the 4th quarter. Russell Investments Group Ltd. now owns 2,383 shares of the financial services provider's stock worth $162,000 after purchasing an additional 2,372 shares in the last quarter. Finally, KLP Kapitalforvaltning AS bought a new stake in Tompkins Financial in the 4th quarter valued at $163,000. 69.11% of the stock is currently owned by institutional investors and hedge funds.
Tompkins Financial Stock Performance
TMP traded down $0.40 during trading hours on Friday, reaching $64.57. The company's stock had a trading volume of 53,726 shares, compared to its average volume of 55,447. Tompkins Financial Co. has a 52 week low of $43.32 and a 52 week high of $79.01. The company's 50-day simple moving average is $61.03. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 1.11. The firm has a market cap of $929.16 million, a price-to-earnings ratio of 13.04 and a beta of 0.73.
Tompkins Financial Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Friday, May 9th were paid a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date of this dividend was Friday, May 9th. Tompkins Financial's dividend payout ratio (DPR) is presently 50.10%.
Tompkins Financial Profile
(
Free Report)
Tompkins Financial Corporation, a financial holding company, provides commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance services. The company operates through three segments: Banking, Insurance, and Wealth Management. It accepts various deposit products, including checking and savings accounts, time deposits, and IRA products, as well as brokered, reciprocal, and municipal money market deposits.
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